Job Description
1. Merchandise Development & Procurement
- Align with the company's vision to curate an ideal brand and merchandise mix.
- Source brands through research, fashion showrooms, and analysis of the fashion landscape.
- Collaborate with partners for seasonal buys in line with business objectives.
- Handle procurement tasks such as order preparations, projections, and creation of purchase orders on Xilnex.
- Oversee internal order approvals and coordinate with the finance team for payment procedures.
- Liaise with the logistics team for inbound shipments.
2. Performance Management and Strategic Planning
- Monitor OTB planning and the overall buying budget.
- Implement strategies to meet KPIs for sales targets using tactics like demand forecasting, promotional offers, and sales team training.
- Optimize sell-through rates by tailoring product offerings, refining stock turnover rates, implementing markdown strategies, and using effective visual merchandising.
- Enhance vendor relationships and negotiations with informed research, fostering strong ties, and exploring various buying and payment strategies to ensure optimal trade margins.
- To be aware of sales figures and performance indicators to take product-based measures and brand-based measures accordingly.
3. Launch Coordination & Collaborative Efforts
- Execute pre-season activities, including launch planning, product allocation, pricing, and merchandise planning.
- Foster relationships with internal teams, adapting to country-specific nuances and the competitive landscape.
- Collaborate closely with internal teams to boost the sales potential of new collections.
4. Training and Retail Support
- Provide in-store staff with seasonal product training.
- Regularly share insights with online and offline sales teams, collecting their feedback.
- Offer on-ground support at retail stores and customer events when necessary.
Job requirements
- Diploma/bachelor's degree in business administration or equivalent
- Excellent computer skills, in particular, MS Excel and MS PowerPoint
- Good communication and interpersonal skills
- Meticulous, strong organizational and analytical skills
- Independent and able to work in a fast-paced environment
- General knowledge of Merchandising, Buying process and strong Product knowledge in fashion
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Daniel Lim | Registration Number: R24124455 | AlwaysHired Pte Ltd
EA Licence No: 24C2293
